Home Furnishings Franchise Association
- Assets
- $21.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake City, MN
- Founding
- 10/2014
- Data as of
- 04/2024
- EIN
- 46-2824474
Organization Overview
Home Furnishings Franchise Association is located in Lake City, MN. The organization was established in 2014. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Furnishings Franchise Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 04/2024, Home Furnishings Franchise Association generated $21.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $3.7k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
TO PROMOTE COMMUNICATION AND THE BETTERMENT OF FRANCHISES OF SLUMBERLAND INTERNATIONAL CO AND SLUMBERLAND FRANSHISING INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Hausladen Director | 1 | $0 | |
Louis Prenger Director | 1 | $0 | |
Jason Bonnes Director | 1 | $0 | |
Roger Tollefson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $21,750 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,750 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,465 |
| Occupancy, rent, utilities, and maintenance | $263 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $3,728 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,870 |
| Other assets | $0 |
| Total assets | $21,870 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,870 |